U.S. spot Bitcoin ETFs experienced $325.7 million in net outflows on June 5, led by BlackRock’s IBIT with $213.7 million withdrawn, coinciding with Bitcoin’s price falling below the key $60,000 support level to around $59,100. Analysts link the outflows and price drop to a more hawkish Federal Reserve outlook, with expectations of rate hikes reversing earlier cuts, which has dampened investor sentiment and institutional demand. Technical indicators show Bitcoin is oversold and near a critical support zone, with potential for a relief rally if buyers defend $60,000, but failure to hold this level could lead to a deeper decline toward $55,000 or lower. The ongoing ETF outflows highlight fragile institutional demand amid broader market uncertainty and increased volatility ahead.
Dogecoin (DOGE) has rebounded above the $0.08 level after gaining over 7% on September 18, offering some relief after weeks of selling pressure. The critical challenge now is whether DOGE can break through the $0.093–$0.095 resistance zone, which wil...
MultiversX announced an active investigation into a potential issue on its mainnet, prioritizing user protection and network security. The team has not classified the problem as an exploit or outage and has not advised users to take any immediate act...
Shiba Inu (SHIB) surged about 6%, climbing from $0.0000050 to around $0.0000054, outperforming much of the crypto market. The rally faces resistance near $0.0000055–$0.0000056, a level SHIB must clear to target $0.000006. Interestingly, this rise occ...
The Nasdaq 100 index advanced 1.7% on Thursday, driven by a 3.1% surge in semiconductor stocks. The bond market is now pricing in a 4.74% Federal Reserve policy rate by the end of 2027, implying an additional rate hike of 22 basis points this week. T...
Ethereum (ETH) has bounced back from a recent selloff and is testing the $2,500–$2,550 resistance zone, a key level it has struggled to surpass. This time, renewed inflows into U.S. spot Ethereum ETFs, totaling about $66.4 million on September 18, si...
